Cost of fuel subsidy increased by 890% in 5 years – SBM Intelligence
The costs of fuel subsidy in Nigeria increased by 890% over a five year period (2017-2021) in Nigeria even though ...
Tag: Petroleum Products Pricing Regulatory Agency
Implementation of PIA does not translate to increase in petrol price – PPPRA
The Petroleum Products Pricing Regulatory Agency (PPPRA) urged Nigerians that the implementation of the Petroleum Industry Act will not automatically ...
FG estimates that alternative petrol, CNG would cost N97 per litre
FG, following its estimation claims alternatives to petrol, could be much cheaper.
The new PIB may scrap DPR, PPRA, others
The PIB represents the most comprehensive review of the legal framework for the oil and gas sector in Nigeria.
PIB; Will the jinx be broken this time around?
Many stakeholders hold strongly that new investments in the oil sector is dependent on the passage of the PIB.
Experts pick holes in pump pricing of petrol, proffer solutions
Experts give their views as Nigerians grapple with the effects of an increase in petrol pump price.
FG gives reason oil marketers are not yet importing petrol, stops monthly price fixing
The PPPRA added that the price of petrol will be determined by the forces of demand and supply.
DAPPMAN commends FG’s commitment to downstream sector, urges full deregulation
DAPPMAN insists deregulation will open up the sector for fresh investments, market deepening, diversification, and expansion.
FG increases fuel pump price to N138.62 per litre
Kerosene would be sold for N160 at depots and diesel is set at N160 per litre in Lagos.
The conundrum in the retail pricing of PMS
Considering the landing cost of petrol is largely influenced by the prices of crude oil in the international market, we ...
